Nestlé S.A. : Nestlé continues to grow its business in China with opening of two new factories

Nestlé S.A. : Nestlé continues to grow its business in China with opening of
two new factories
Nestlé S.A. / Nestlé continues to grow its business in China with opening of
two new factories . Processed and transmitted by Thomson Reuters ONE. The
issuer is solely responsible for the content of this announcement.
Nestlé has opened two new factories in China as it continues to grow its
business in the country by investing in its portfolio of local and global
brands.
The company's Chief Executive Officer Paul Bulcke attended events in China
this week to mark the opening of a CHF 133 million Nescafé coffee factory in
Shandong Province, followed by a CHF 319 million Yinlu Foods factory in Anhui
Province.
More than 2,000 new jobs have been created with the opening of the Yinlu Foods
factory, built through Nestlé's partnership with China's leading producer of
ready-to-drink peanut milk and ready-to-eat rice congee.
Yinlu products, which also include ready-to-eat red bean congee and
ready-to-eat oat congee, are tailored to Chinese consumers' taste and
preferences. They complement Nestlé's existing product range in China, which
includes culinary, coffee, confectionery, bottled water, milk powder and
products for the foodservice industry.
"An important building block of our business in China is our partnerships
with Chinese companies," said Mr Bulcke.
"These partnerships combine local knowledge and entrepreneurship with our
global research and development capabilities, and product innovation and
renovation expertise."
In the city of Laixi, Shandong Province, the company's new Nescafé factory is
the largest and most advanced coffee factory of its kind in China. Products
made here will help to meet consumer demand across the country.
"The expansion of our manufacturing facilities in China is a clear
demonstration of our continued confidence in the Chinese market, and our
commitment to the country and its consumers," Mr Bulcke added.
Related information:
Nestlé China http://www.nestle.com.cn/
Read more about stories about Nestlé in China:
Nestlé to build Nescafé Coffee Centre in China
http://www.nestle.com/Media/NewsAndFeatures/Puer-coffee-institute
Nestlé strengthens research and development capability in China
http://www.nestle.com/media/newsandfeatures/nestl%c3%a9-strengthens-research-and-development-capability-in-china
Nestlé leads dairy development in China with new training institute
http://www.nestle.com/media/newsandfeatures/shaungcheng-milk
Media enquiries
Tel: +41 21 924 2200
Email: mediarelations@nestle.com
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Source: Nestlé S.A. via Thomson Reuters ONE
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